Question
The following are the cash flows of two projects: Year Project A Project B 0 $(400) $(400) 1 230 300 2 230 300 3 230
The following are the cash flows of two projects:
Year Project A Project B
0 $(400) $(400)
1 230 300
2 230 300
3 230 300
4 230
If the opportunity cost of capital is 10%, what is the profitability index for each project?(Do not round intermediate calculations. Round your answers to 4 decimal places.)
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
11th Edition
1119594596, 978-1119594598
